Jinhui Liquor Co Ltd

Jinhui Liquor released its 2026 interim report, with net profit attributable to the parent company of 214 million yuan, a decrease of 28.24% compared with the same period last year. The company's total operating revenue was 1.816 billion yuan, up 3.19% year-on-year, achieving five consecutive years of growth. Net cash inflow from operating activities was 212 million yuan, down 34.01% year-on-year. The company's latest gross margin was 62.57%, a decrease of 3.07 percentage points from the same period last year; the latest return on equity was 6.29%, a decrease of 2.55 percentage points from the same period last year.

Jinhui Liquor released its 2026 half-year report. In the first half, it achieved operating revenue of 1.816 billion yuan, up 3.19 percent year on year, but net profit attributable to the parent company was 214 million yuan, down 28.24 percent year on year. The company said the decline in net profit compared with the same period last year was affected by an increase in promotional liquor, new share-based payments from the implementation of an employee stock ownership plan, and supplementary tax payments. By product, revenue from products priced between 100 and 300 yuan was 923 million yuan, down 4.77 percent year on year, accounting for 52.32 percent of total revenue. Revenue from products above 300 yuan was 414 million yuan, up 8.89 percent year on year. Revenue from products below 100 yuan was 427 million yuan, up 16.66 percent year on year. By channel, revenue from the distributor channel was 1.627 billion yuan, up slightly by 0.4 percent year on year. Revenue from direct sales including group buying was 41 million yuan, up 5.91 percent year on year. Revenue from internet sales channels was 97 million yuan, up 69.94 percent year on year. By region, revenue from the market within Gansu Province was 1.305 billion yuan, down 2.18 percent year on year. Revenue from markets outside the province was 460 million yuan, up 20.31 percent year on year.

On the evening of July 31, multiple listed companies on the Shanghai and Shenzhen stock exchanges released key announcements. Mentech Optical & Magnetic plans to raise no more than 1.283 billion yuan through a private placement for projects including high-speed optical module smart manufacturing. Elegant Home-Tech will suspend trading from August 3 for verification due to severely abnormal stock price fluctuations. Hongqiao Holdings plans to raise no more than 12 billion yuan through a private placement for wind power, photovoltaic, and aluminum deep processing projects. China Southern Power Grid Technology intends to acquire a 100% stake in Yuoneng Power for 445 million yuan to resolve horizontal competition. Jinhui Liquor needs to pay back taxes and late fees totaling 83.8181 million yuan. Tianli Lithium Energy and its actual controller have been placed on file by the China Securities Regulatory Commission for suspected information disclosure violations. In terms of performance, Aofei Data's net profit in the first half of the year increased by 123.64% year-on-year. Fullhan Microelectronics expects its first-half net profit to grow by 1,072.72% to 1,420.19% year-on-year. Shengda Resources' first-half net profit rose by 456.46% year-on-year. Several companies disclosed buyback or share increase plans, among which GigaDevice plans to repurchase shares worth 1 billion to 2 billion yuan for cancellation, and Zhongchuang Zhiling plans to repurchase shares worth 300 million to 400 million yuan. In addition, China National Nuclear Power's Liaoning Zhuanghe nuclear power project and Zhejiang Jinqimen nuclear power project have been approved by the State Council. Titan Wind Energy has signed a shipbuilding contract worth approximately 420 million to 480 million US dollars.